Nicknoxx wrote:

Hi All

I planning to sell my house and buy two smaller ones, renovate them and
sell on at a profit.

I imaging that rewiring, new heating system, kitchen and bathroom will
be required but not any major structural work.

I would like to do all of the work myself but am not au fait with the
subtleties of the building regualtions to know what problems I'm likely
to encounter.

Any advice gratefully received.


Nick Brooks


Good luck, you'll need it. You need to know about BR etc, and be able
to answer lots of remaining on the job questions rapidly.

You also need enough experience on projects to be able to be realistic
about what is and isnt needed, what it'll cost and how long it'll take.
You also need a basic understanding of the market youre dealing with.
Without all this info it'll take several times as long, your sale price
increase will have all been eaten by works costs, you'll have had to do
several things twice, your overall clever plan will have been shattered
by BR, and you'll crawl out covering your spend and wishing you'd sat
behind a desk for 6 months instead, making a profit.

Maybe you've been watching TV where everyone makes lotsa bucks fast.
Ask yourself why thats what they show, and how its achieved.

Money isnt that easy, doesnt grow on trees. You need plenty of
knowledge and skills. In a rising fast moving market you could make
something anyway, otherwise not. I'd consider a job first.


NT